Private Equity Wire

SEPTEMBER 20, 2024

UK merchant banking group Close Brothers Group has officially announced the sale of its wealth management and financial planning division, Close Brothers Asset Management (CBAM), to US private equity firm Oaktree for up to £200m, According to a market announcement, the deal consists of an upfront payment of £172m, consisting of £146m from Oaktree and (..)

Asset Management 95

Asset Management Assets Private Equity Firms Private Equity Firms 95

Private Equity Insights

SEPTEMBER 21, 2023

Goldman Sachs’ asset management arm said two funds have closed, raising more than $15bn for funds that enable investors to make secondary investments in existing private equity deals. read more Toshiba says $13.5bn takeover bid by JIP succeeds, set to go private Private equity fund Japan Industrial Partners Inc.’s

Stakes 200

Stakes Private Equity Firms Private Equity Firms Funds 200

Private Equity Insights

FEBRUARY 2, 2024

Private equity firms Bain Capital and Hellman & Friedman are jockeying to buy the electronic signature platform, but the discussions are still ongoing and could change, the people added. Investment banks are also ahead of their private credit rivals to provide a €3 billion ($3.25 Jefferies Financial Group Inc.

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Buyout Financing Finance Leveraged Buyouts 195

Private Equity Insights

JUNE 21, 2024

Surprisingly, private equity firms are at the forefront of this trend, investing heavily in solar, wind, biomass, and other renewables. Brookfield Asset Management Ltd., Peter Zhu, managing director at Macquarie Group Ltd.’s Key investors such as KKR & Co.

Private Equity Firms 147

Private Equity Firms Private Equity Firms Leveraged Buyouts Buyout 147

Private Equity Insights

NOVEMBER 16, 2023

The New York-based investment manager is planning to raise funds through collateralized loan obligations (CLOs) secured by the loans held by its flagship $52bn private credit fund, the report added, citing documents viewed by the newspaper. Blackstone did not immediately respond to Reuters’ request for comment.

Private Equity Firms 173

Private Equity Firms Private Equity Firms Collateral Funds 173

Private Equity Insights

OCTOBER 9, 2023

Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up AllianzGI manages around €90bn in private market assets. These structures typically offer period redemption opportunities up to a certain amount, usually 5% of net asset value per quarter.

Private Equity Firms 162

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Private Equity Insights

SEPTEMBER 13, 2023

Mubadala Investment Company , Abu Dhabi’s sovereign investment arm, has formed a strategic partnership with New York-based alternative asset manager Blue Owl Capital as it seeks to co-invest in private credit opportunities amid a tightening monetary environment around the world.

Capital 246

Capital Investing Private Equity Firms Private Equity Firms 246

Private Equity Insights

MAY 10, 2024

Shares in Peloton soared by as much as 18% on Tuesday after CNBC reported that several private equity firms are cons idering a buyout of the connected fitness company, which is looking to refinance its debt and return to growth after 13 consecutive quarters of losses.

Buyout 147

Buyout Private Equity Firms Private Equity Firms Asset Management 147

Private Equity Insights

JUNE 7, 2024

French private equity firm Eurazeo has sold its 25% stake in MCH Private Equity, an asset manager specialising in small-cap private equity investments in Spain.

Stakes 130

Stakes Private Equity Firms Private Equity Firms Funds 130

Private Equity Insights

MARCH 22, 2024

The report cites unnamed sources as confirming that the US private equity firm is looking to hire financial advisers help evaluate a sale, although the process is at an early stage and KKR could still decide not to proceed with a deal. Source: Private Equity Wire Can’t stop reading?

Private Equity Firms 130

Private Equity Firms Private Equity Firms Stakes Education 130

The Motley Fool

JANUARY 5, 2024

Generally speaking, during the early days of a start-up , founders will raise money from venture capital or private equity firms in exchange for equity. In fact, even Warren Buffett owns a position in Ares through Berkshire Hathaway 's subsidiary New England Asset Management. The company's 9.6%

Mergers and Acquisitions 246

Mergers and Acquisitions Leveraged Buyouts Due Diligence Portfolios 246

Private Equity Insights

JUNE 7, 2024

Private credit investor Pemberton Asset Management is partnering with the Abu Dhabi Investment Authority to raise at least $1bn to provide net asset value loans to private equity firms, according to a report by Bloomberg.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Buyout Asset Management 130

Private Equity Insights

JUNE 21, 2024

Surprisingly, private equity firms are at the forefront of this trend, investing heavily in solar, wind, biomass, and other renewables. Brookfield Asset Management Ltd., Peter Zhu, managing director at Macquarie Group Ltd.’s Key investors such as KKR & Co.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Leveraged Buyouts Buyout 130

Private Equity Insights

AUGUST 7, 2023

Private equity firms TDR Capital and Sycamore Partners are reportedly considering joining forces in a bid to buy global sandwich chain Subway. JPMorgan Chase & Co, the investment bank advising Subway, has given the private equity firms interested in buying the company a $5 billion acquisition financing plan.

Bidding 130

Bidding Private Equity Firms Private Equity Firms Capital 130

Private Equity Insights

MAY 10, 2024

Toshiba Corp is considering a $20 billion offer from private equity firm CVC Capital Partners to take it private, a person familiar with the matter said, as the Japanese industrial conglomerate faces pressure from activist shareholders to improve governance. Other deals by the private equity firm include the $1.5

Private Equity Firms 147

Private Equity Firms Private Equity Firms Conglomerates Buyout 147

Private Equity Insights

NOVEMBER 15, 2023

Allfunds Group Plc has started gauging takeover interest from private equity firms as the European fund distribution platform considers a possible sale, people with knowledge of the matter said. read more Brookfield Asset Management’s affiliate Closes $1.1bn Argo Acquisition Argo Group International Holdings, Ltd.

Private Equity Firms 147

Private Equity Firms Private Equity Firms Buyout Stakes 147

Private Equity Insights

AUGUST 10, 2023

Princeton Equity Group, LLC, a Princeton and Dallas-based private equity firm focused on control investments in franchisor and multi-unit companies, today announced the final closing of its Princeton Equity Partners II, L.P. Princeton is led by Co-founders and Managing Partners, Jim Waskovich and Doug Kennealey.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Funds Legal 130

Private Equity Insights

FEBRUARY 2, 2024

He and the New York-based Arougheti are both founders of private equity firms, the Carlyle Group and Ares Management Corp., Read more Morgan Stanley plans to double private credit portfolio to $50bn Morgan Stanley's asset management division aims to double its private credit portfolio to $50.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Asset Management Stakes 130

Private Equity Insights

FEBRUARY 2, 2024

Private equity firms TA Associates and Warburg Pincus are exploring a sale of portfolio company Procare Solutions, a provider of child-care management software, that could value the business at nearly $2bn, including debt, according to a report by Reuters. Source: Private Equity Wire Can’t stop reading?

Private Equity Firms 130

Private Equity Firms Private Equity Firms Bidding Stakes 130

Private Equity Insights

APRIL 12, 2024

New York-based private equity firm Behrman Capital has acquired Vista Apex, a US manufacturer of consumable dental products for preventative oral hygiene, endodontics and restorative dentistry, from Philadelphia-based private equity firm Inverness Graham.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Capital Asset Management 130

Private Equity Insights

NOVEMBER 14, 2023

Bain has been interviewing investment banks to hire financial advisers that will help the private equity firm come up with a plan to cash out on its majority stake in Varsity Brands, the sources said. Varsity kept the yearbooks business when it sold Herff Jones to private equity firm Atlas Holdings earlier this year.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Capital Initial Public Offering 130

Private Equity Insights

AUGUST 9, 2023

The private equity firm is in the early stages of exploring a sale of the Hungary-based pet food manufacturer, which could be valued at more than €2bn ($2.2bn), according to one of the people. Apollo Global Management Inc. The private equity firm acquired the business in 2018.

Banks 130

Banks Private Equity Firms Private Equity Firms Buyout 130

Private Equity Insights

APRIL 12, 2024

Alternative investment giant Brookfield Asset Management is in advanced talks with Castlelake over the acquisition of a majority stake in the $22bn private credit manager, a specialist in aircraft leasing, according to a report by the Financial Times. Source: Private Equity Wire Can’t stop reading?

Stakes 130

Stakes Private Equity Firms Private Equity Firms Asset Management 130

Private Equity Insights

MAY 10, 2024

Pub giant Marston’s has been approached by a US private equity firm over a potential takeover. Shares in the Wolverhampton-based company surged by more than a fifth immediately after it confirmed the proposal regarding a potential cash offer by Platinum Equity Advisors.

Private Equity Firms 147

Private Equity Firms Private Equity Firms Buyout Asset Management 147

Private Equity Insights

FEBRUARY 2, 2024

Morgan Stanley’s asset management division aims to double its private credit portfolio to $50 billion in the medium term as it gathers funds from large investors to loan out to companies. read more The post Morgan Stanley plans to double private credit portfolio to $50bn appeared first on Private Equity Insights.

Portfolios 130

Portfolios Private Equity Firms Private Equity Firms Asset Management 130

Private Equity Insights

JUNE 15, 2023

TA Associates, a leading global private equity firm, announced the completion of fundraising for its latest flagship fund, TA XV, with total limited partner commitments at its hard cap of $16.5bn. Launched in late November 2022, TA XV was oversubscribed and exceeded its initial target size.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Pension Funds Funds 130

Private Equity Insights

MARCH 22, 2024

As part of the deal, Oakley is acquiring the shares of Horizons owned by Sherpa Capital, a leading private equity firm in Iberia. Read more Oakley Capital acquires Horizons Optical Oakley Capital, a pan-European middle-market private equity investor, has announced that Oakley.

Capital 130

Capital Private Equity Firms Private Equity Firms Stakes 130

Private Equity Insights

APRIL 12, 2024

EQT has agreed to acquire a majority stake in Spain’s Universidad Europea from private equity firm Permira, in a deal that sources said valued the higher education group at more than 2 billion euros ($2.2 billion) including debt. The buyout groups announced the deal on Monday.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Education Buyout 130

Private Equity Insights

FEBRUARY 2, 2024

The private equity backer of Six Nations Rugby is drawing up plans for a £1.5bn bid for Audiotonix, the British-based manufacturer of equipment used by bands such as Coldplay. Sky News has learnt that CVC Capital Partners is among the private equity firms examining offers for the Chessington-based company.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Bidding Buyout 130

Private Equity Insights

OCTOBER 5, 2023

Asset manager Mirova plans to launch its sixth strategy dedicated to energy transition infrastructure, aiming to raise up to €2bn subject to regulatory approval. read more Silver Lake Acquires Software AG for €2.6bn US private equity firm Silver Lake has secured over 85% of the share capital and voting rights of.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Buyout Funds 130

Private Equity Insights

OCTOBER 4, 2023

Brookfield Asset Management announced today the closing of its latest flagship global private equity program, Brookfield Capital Partners VI (“BCP VI” or the “Fund”). With $12bn in total capital raised for the strategy, BCP VI is the largest private equity fund raised by Brookfield.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Financial Institutions Funds 130

Private Equity Insights

NOVEMBER 17, 2023

GTCR, a leading private equity firm, announced today that it has signed a definitive agreement to acquire Cloudbreak Health, LLC (“Cloudbreak” or “the Company”), a leading provider of tech-enabled, healthcare-focused language interpretation services, in a corporate carve-out transaction from UpHealth, Inc.

Private Equity Firms 147

Private Equity Firms Private Equity Firms Stakes Legal 147

Private Equity Insights

NOVEMBER 16, 2023

Aston Martin F1 team sells stake to private equity firm at $1bn valuation. In August, the private equity firm was also reportedly working on securing a minority stake in topflight French football club Paris Saint-Germain. The deal is expected to close by the end of 2023. While exact figures.

Stakes 147

Stakes Private Equity Firms Private Equity Firms Shareholders 147

Private Equity Insights

FEBRUARY 2, 2024

Progressio SGR, the Italian private equity firm, is raising a new fund, Progressio Investimenti III, in response to LP demand and a doubling of proprietary deal flow over the past five years. Source: Private Equity Wire Can’t stop reading? We expect over-subscription.”

Private Equity Firms 130

Private Equity Firms Private Equity Firms Funds Buyout 130

Private Equity Insights

APRIL 12, 2024

Blackstone is closing in on a deal with L’Occitane International owner Reinold Geiger to take the global skincare company private, with the world’s largest alternative asset manager potentially providing debt financing for the buyout.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Buyout Asset Management 130

Private Equity Insights

JULY 17, 2023

will operate as a private company in the years ahead. The offer comes from the Private Equity business within Goldman Sachs Asset Management. It is made along with co-investors General Atlantic FT, LEGO Group’s KIRKBI Invest A/S, Glitrafjord AS, and other investors and management shareholders.

Private Companies 130

Private Companies Private Equity Firms Private Equity Firms Companies 130

Private Equity Insights

NOVEMBER 16, 2023

The asset manager said the fund, with cornerstone commitments from European institutional investors like Intesa Sanpaolo and Inarcassa, plans to allocate 50-60% of its total portfolio to Western Europe. read more Brookfield Asset Management’s affiliate Closes $1.1bn Argo Acquisition Argo Group International Holdings, Ltd.

Funds 147

Funds Private Equity Firms Private Equity Firms Asset Management 147